In syria between 30 and Kurdish Forces. Witnesses included a representative from the Syrian Democratic counsel the former special forces officer who fought alongside the kurds. Before i begin i like to take a moment to remember my friend and our chairman, Elijah Cummings who we lost one week ago. Like others on this committee at the pleasure privilege to call elijah at my friend for almost 20 years. We worked the many issues that confronted congress. Mr. Cummings has bequeathed the legacy of Compassionate Service to those families in our society who still struggle to receive the full promise of the american dream. While he had an abiding faith in the goodness and kindness of humankind he was firm in his commitment to use his many talents and his power of position to weighin in behalf of the disenfranchised and reduce the suffering that he saw in this world. Elijah lived his life in a meaningful cause, a cause for justice and liberty and equality for all. We in our nation would be well
Before i begin i like to take a moment to remember my friend and our chairman, Elijah Cummings who we lost one week ago. Like others on this committee at the pleasure privilege to call elijah at my friend for almost 20 years. We worked the many issues that confronted congress. Mr. Cummings has bequeathed the legacy of Compassionate Service to those families in our society who still struggle to receive the full promise of the american dream. While he had an abiding faith in the goodness and kindness of humankind he was firm in his commitment to use his many talents and his power of position to weighin in behalf of the disenfranchised and reduce the suffering that he saw in this world. Elijah lived his life in a meaningful cause, a cause for justice and liberty and equality for all. We in our nation would be well served to follow his example and spirit had presence here on this committee will be sorely missed. Today we will examine the trump and ministrations decision to draw u. S. Force
The dow eyeing eight Straight Days of gains on growing optimism around u. S. china trade. Weworks rocky road to an initial Public Offering. And the democratic faceoff, warren, biden, sanders dominating the debate stage. Just what their plans could mean for your portfolio stocks are chasing history this morning the dow and the s p each within 1 of hitting record intraday highs. The blue chips in the midst of a sevenday win streak for First Time Since may of last year. You have signs of a health y consumer, Government Data shows retail sales up. 4 in august, double expectations. Core unchanged, looking for. 1 but july even after that upside surprise revised higher. Is this ever putting the pressure on jay . I think jay powell is uniquely faced with a difficult decision. You posted some stuff the other day about you raised rates and the economy is not being hurt so why should we just want to cut them i continue to say he raised rates too much and i want i want to go for the full on 3 on e
Up as opposed to a year ago. The president ripping china saying they cannot be trusted as trade talks resume in shanghai stocks are set to open lower g and p beats. And beyond meat tumbling a long tweet this the president hoping to weigh on futures today, quote, china is doing very badly, worst day that is the problem with china they just dont come through goes on to say, jim, if and when i win the election, a deal will be much tougher for them to get. Yeah. I have been saying the notion, that narrative that navarro was out or is not important is dead wrong. I interviewed the president back this the mid 20 0s he really felt that china was getting free ride. This is the china, no business, where is the soy bean buy, the machinery buy . It is outrageous that they agreed and they did nothing. I think the president s view this is what i was worried about. The president s view is we are going to put tariffs on 320 billion and if they start to play ball we will cut them rom reagan like. He h
S p up by a point. Nasdaq down by about 4 points. Overnight in asia, the nikkei up 0. 2 the hang seng up by a quarter percent. The shanghai up by a half percent. This is all ahead of those talks expected to resume next week between china and the United States when it comes to trade. This morning on the continent, in europe we will see equities for the major averages, the dax is flat. The cac is up by 0. 6 . The ftse is up by a quarter percent. In the treasury market, you can see at this point the tenyear is yielding 2. 031 well be getting a lot of earnings, big earnings movers in just a minute. First a developing story, the embattled governor of puerto rico will be stepping down on august 2nd the announcement coming late yesterday. He had been under pressure from protester force ne he had been under pressure from protester force ne for proteste nearly two weeks after chat messages were released crowds of demonstrators erupted into cheers after that announcement were looking at some ima